On November 24, Russia purchased over 99 thsd tonnes of grains to the intervention fund

Source

APK-Inform

1083

On November 24, 2015, National Mercantile Exchange CJSC (NAMEX) held the regular stock exchange trading within frames of public grain purchasing interventions at the Moscow exchange site, and purchased 99.63 thsd tonnes of grains (from the general proposed volume of 113.67 thsd tonnes) at the sum of 1.032 bln RUR, declared the press-service of NAMEX.

In particular, the fund purchased 56.77 thsd tonnes of 3-grade wheat (from the proposed volume of 66.825 thsd tonnes), 29.025 thsd tonnes of 4-grade wheat (from the proposed volume of 30.645 thsd tonnes), 9.955 thsd tonnes of 5-grade wheat (whole proposed volume), 2.025 thsd tonnes of 1-group barley (from the proposed volume of 4.32 thsd tonnes), and 2.025 thsd tonnes of milling rye (whole proposed volume).

The weighted average prices of the grains sold to the intervention fund were as follows:

- 3-grade wheat – 10840.5 RUR/t;

- 4-grade wheat – 10093.7 RUR/t;

- 5-grade wheat – 8711.6 RUR/t;

- milling rye – 6821.1 RUR/t;

- feed barley – 7459.9 RUR/t.

Since beginning of the purchasing auction (August 20), the intervention fund at the Moscow exchange site already purchased 810 thsd tonnes of grains at the general sum of 8.302 bln RUR.

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